In today's world, business rules are all around us and can be a crucial operational backbone of any technology company. A business rules engine is a software tool that allows users to define, execute, and manage the business rules that govern a specific application or system. These rules can include things like decision logic, constraints, and validation checks. Business rules engines are commonly used in areas such as e-commerce, fintech, marketplace operations, and healthcare to automate complex decision-making processes and ensure compliance with regulations. A few examples of how you can apply business rules to everyday workflows:
It's important to select the right business rules engine to empower operators at your company to quickly set up workflows to run your company as efficiently as possible. Let's take a look at a few popular rules engines you can select from.
LogicLoop is a modern business rules engine that allows operators to quickly set up rules based on any company data. It does so by allowing users to connect their company's database, create rules on top of that data using the SQL, and have the results of that rule trigger any type of downstream alert, workflow, or automation. LogicLoop also supports complex multi-step workflows involving sophisticated custom logic, API data retrieval, and user communications e.g. via email. With LogicLoop, users get access to a central easy-to-use, web-based repository for rule management and collaboration. LogicLoop's visual interface allows non-engineers to quickly view and change business rules. Logicloop is also very flexible and integrates with a variety of platforms.
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Drools is an open-source business rules management system (BRMS) written in Java. It is a rule engine that uses the Rete algorithm to efficiently evaluate complex sets of business rules against data. Drools provides a framework for separating business logic from the application code, which can make it easier to maintain and evolve the rules over time.
Drools allows users to author, test and maintain business rules in a single centralized repository and provides a web-based interface for rule management and testing. It can integrate with a variety of platforms and programming languages, and supports distributed deployment and decision-making.
Drools also provides a rule language called DRL (Drools Rule Language) for expressing rules, which is a simple and expressive language that allows developers to express complex business rules in a natural way. Drools also provides a rule engine API for Java, which can be used to execute rules in a Java-based application.
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IBM Operational Decision Manager (ODM) is a software platform that helps organizations automate and manage their business rules and decisions. It provides a set of tools for creating, testing, deploying, and managing business rules and decision services, and allows organizations to make real-time, data-driven decisions in their operational systems. ODM also provides features for collaboration, governance, and compliance, and it can be integrated with other IBM products such as IBM Watson and IBM Integration Bus. It can be used across a variety of industries and business scenarios.
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InRule is a commercial business rule management system (BRMS) that allows organizations to separate and manage business rules from their application code. InRule provides a platform for authoring, testing, and deploying business rules using a web-based interface.
InRule provides a rule language called irVerse, which is a rule language that allows developers to express complex business rules in a natural way. It also provides a rule engine API for .NET and Java, which can be used to execute rules in a .NET or Java-based application.
InRule provides a centralized repository for storing and managing rules and provides a web-based interface for rule management and testing. It also provides features such as rule versioning, auditing, and impact analysis. Additionally, InRule provides integration with popular data sources and platforms such as SQL Server, Oracle, and Salesforce.
InRule is used by various organizations across different industries including healthcare, financial services, and insurance. It can be integrated with various applications including web, mobile, and desktop.
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FlexRule is a business rule management system (BRMS) and decision management platform. It provides a set of tools for creating, testing, deploying, and managing business rules and decision services, and allows organizations to make real-time, data-driven decisions in their operational systems. FlexRule offers a visual rule designer, a flow designer and a decision table designer to create and design the decision services. It is designed to be easy to use, with a focus on making it accessible to non-technical users. It can be integrated with various systems, such as databases, web services, and cloud services. It can be used in a variety of industries and business scenarios, such as financial services, healthcare, and government.
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Trying to decide which business rules engine is best for you? Sign up for a free consultation with LogicLoop and we're happy to walk you though the evaluation process.